IIFL Securities Vs Edelweiss (Compare IIFL Securities and Edelweiss)

IIFL Securities Vs Edelweiss

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	IIFL Securities	Edelweiss
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1996	2002
Number of Branches	900	237
	Open IIFL Securities Account	Open Edelweiss Account

IIFL Securities Vs Edelweiss Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Edelweiss account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

	IIFL Securities	Edelweiss
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 500 (1st Year Free)

IIFL Securities Vs Edelweiss Brokerage

IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

	IIFL Securities	Edelweiss
Account Type	iServe	Edelweiss Lite
Fixed Charges	NA	NA
Equity Delivery	Rs 0 (Free)	Rs 10 per executed order
Equity Intraday	Rs 20 per order	Rs 10 per executed order
Equity Futures	Rs 20 per order	Rs 10 per executed order
Equity Options	Rs 20 per order	Rs 10 per executed order
Currency Futures	Rs 20 per order	Rs 10 per executed order
Currency Options	Rs 20 per order	Rs 10 per executed order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

IIFL Securities Vs Edelweiss Brokerage Plan 2

	IIFL Securities	Edelweiss
Account Type	iServe	Edelweiss Elite
Fixed Charges	NA
Equity Delivery	Rs 0 (Free)	0.30%
Equity Intraday	Rs 20 per order	0.03%
Equity Futures	Rs 20 per order	0.03%
Equity Options	Rs 20 per order	Rs 75 per lot
Currency Futures	Rs 20 per order	0.02%
Currency Options	Rs 20 per order	Rs 22 per lot
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
	Open IIFL Securities Account	Open Edelweiss Account

IIFL Securities Charges Vs Edelweiss

Minimum Brokerage		0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges	Advisory SMS - Rs 50 per month	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 50 per call	Rs 20 per call

IIFL Securities Vs Edelweiss Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

	IIFL Securities	Edelweiss
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 210 per Cr (0.0021%)	NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	Group A - Rs 280 per Cr (0.0028%)
	Open IIFL Securities Account	Open Edelweiss Account

IIFL Securities Vs Edelweiss Leverage (Margin)

IIFL Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Edelweiss margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	IIFL Securities	Edelweiss
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open IIFL Securities Account	Open Edelweiss Account

Compare IIFL Securities and Edelweiss Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	IIFL Securities	Edelweiss
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time		3:00 PM
Other Features
Referral Program
	Open IIFL Securities Account	Open Edelweiss Account

IIFL Securities Vs Edelweiss Review

IIFL Securities is rated 2.7 of 5 based on 118 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

	IIFL Securities	Edelweiss
	118 Customer Reviews	65 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 118 customer reviews	Edelweiss is rated 3.0 of 5 based on 65 customer reviews

IIFL Securities Vs Edelweiss Investment Options

	IIFL Securities	Edelweiss
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Edelweiss Order Type Offered

	IIFL Securities	Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open IIFL Securities Account	Open Edelweiss Account

IIFL Securities Vs Edelweiss Research Report

	IIFL Securities	Edelweiss
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Edelweiss Suitable For Investor Type

	IIFL Securities	Edelweiss
Casual Investor
Active Investor
Trader

IIFL Securities Vs Edelweiss - Pros and Cons

	IIFL Securities	Edelweiss
Pros	Full-service broker offering quality research and recommendations. Brokerage-free equity delivery trading. No brokerage when you buy/sell shares for the long term (take delivery in demat). Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons		The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers	Free Equity Delivery Trading + Free Account Opening Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.
	Open IIFL Securities Account	Open Edelweiss Account